Thomas Östros

The European Investment Bank (EIB) is providing €22.5 million non-dilutive financing to Chromafora, a Swedish cleantech company, to step up Europe’s fight against widespread pollutants known as “forever chemicals”. Chromafora will use the loan to advance a technology for removing per- and polyfluoroalkyl substances – or PFAS – from water.

On December 17^th the European Investment Bank and the Norwegian Ministry of Finance celebrated the 50^th anniversary of the first EIB investment in the country. Signed in 1974, the EIB invested in the development of the “Ekofisk” oil and gas field in the North Sea. Since then, the EIB, together with its subsidiary, the European Investment Fund (EIF), has invested nearly €5 billion in Norwegian projects regarding communications, energy, and sustainable transport, and has supported Norwegian banks and venture capital funds in their financing of innovative SMEs.

The Lithuanian government and the European Investment Bank (EIB) are joining forces in a €100 million initiative to renovate more than 700 apartment buildings in the country.